Malaysia is Airbnb's fastest growing market in SEA
KUALA LUMPUR (Nov 26): Airbnb has recorded a 99% increase in guest arrivals in Malaysia to two million as at July 2018, making the country the fastest growing in Southeast Asia for the platform.
About 13,000 passengers affected by Firefly’s suspension of flights to S’pore
KUALA LUMPUR (Nov 23): Malaysia Airlines Bhd said about 13,000 booked passengers will be affected by the temporary suspension of FlyFirefly Sdn Bhd’s operations into Singapore from Dec 1, following the city state’s plans to move all turboprop flights from Changi Airport to Seletar Airport.
MoF issues RFP for new targeted petrol subsidy system, says Saifuddin Nasution
KUALA LUMPUR (Nov 22): The Ministry of Finance has issued a Request for Proposal (RFP) for the implementation of a new targeted petrol subsidy system, according to Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail.
Ministry in talks to lower PSC
SEPANG (Nov 22): The government is looking at reducing the passenger service charge (PSC) collected by Malaysia Airports Holdings Bhd (MAHB).
Felda paid a hefty premium for assets, says Azmin
KUALA LUMPUR (Nov 22): The Federal Land Development Authority (Felda) had overpaid for some of its assets, forking out “much higher than market price” for acquisitions, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.
Bumiputera ownership will still be prioritised after Govt sells assets — Azmin
KUALA LUMPUR (Nov 20): The government, which has proposed to sell its non-strategic assets to raise funds, will ensure that Bumiputera participation remains in these assets after the sale, said Economic Affairs Minister Datuk Seri Azmin Ali.
AirAsia will not take part in Airport REIT
KUALA LUMPUR (Nov 13): AirAsia Group Bhd will not invest in the proposed airport real estate investment trust (Airport REIT) as the low-cost carrier does not want to lose focus on its airline business, said chief executive officer (CEO) Tan Sri Tony Fernandes.
MRMA suggests higher free float of Airport REIT to gain more foreign interest
KUALA LUMPUR (Nov 12): Malaysian Real Estate Investment Trust (REIT) Managers Association (MRMA) suggested the government consider increasing the free float of the Airport REIT (AREIT) to more than 30% of the proposed stake, in line with the Bursa Malaysia's priority to attract higher foreign participation in the local capital market.
Airport REIT renews risk to MAHB margins
KUALA LUMPUR (Nov 5): The federal government’s proposed airport real estate investment trust (REIT) may be neutral for Malaysia Airports Holdings Bhd (MAHB) in the near term.
Budget 2019: MAHB - Airport REIT formation a way for govt to 'securitise' its infra assets
KUALA LUMPUR (Nov 2): Malaysia Airports Holdings Bhd (MAHB) is of the view that the formation of the airport real estate investment trust (airport REIT), as proposed in the Budget 2019 tabled in Parliament today, is a way for the government to 'securitise' its infrastructure assets.
